Twitter surprised the market with a big Q4 earnings beat.
The company continues a trend of double-digit engagement growth.
Higher monetization rates will propel revenue growth in excess of user growth.
The valuation remains attractive due in big part to the monetization gap with peer Facebook.
The amazing disconnect between engagement growth at Twitter (TWTR) and the stock price came to an end over the last month with the surging stock price after reporting Q4 numbers. The company has now unlocked the ability to tie engagement growth into a cash flow machine that will drive the stock even higher.